Trading Hours And Sessions For Commodities And Indices

Unlike crypto, most commodities and stock indices are tied to specific exchange trading hours, which affects when liquidity is highest and when price gaps are more likely to occur.

How Sessions Work

• Futures markets for commodities often have primary trading hours tied to their exchange of listing, with reduced-liquidity extended hours around them.
• Stock indices generally track the trading hours of their underlying exchange, meaning the index itself is most actively priced during that market's official session.
• When markets are closed, news and events can still occur, leading to a price gap when trading resumes — an opening price notably different from where the market last closed.